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Lakeland Capital has purchased a multifamily asset on West Grace Street in Richmond, VA for $3.3. million

Lakeland Capital Acquires 1926 Multifamily in Richmond for $3M

Colliers has facilitated the $3.3-million sale of Boatwright, an 18-unit 1926-vintage multifamily asset on 1140 West Grace Street in Richmond, VA.

Garrison Gore, Charles Wentworth, G.S. Hankins and Victoria Pickett with Colliers represented the seller, Boatwright Investments, LLC. Lakeland Capital, LLC, acquired the property.

1140 West Grace Street is near Virginia Commonwealth University. It occupies a strategic location within The Fan and is only minutes from Richmond’s premier retail, entertainment, and main thoroughfares.

Residents enjoy spacious floorplans, a laundry facility, balconies, parking and immediate access to the Richmond GRTC Pulse Line.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
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